The Sensex surged during afternoon trade led by buying in frontline stocks.
On sectoral front, Banking, capital goods, consumer durables and realty stocks contributed to most of the market rally, while IT and FMCG stocks went down.
On the other hand, BSE Midcap and Smallcap index gained 1.49% and 1.69% respectively.
The market was unstable. It marched up in a volatile early trade. Later it fell into the red zone. It regained during morning trade. Volatility ruled the roost during early afternoon trade.